INVESTMENT IN SELECT-SERVICE AND EXTENDED-STAY HOTELS SHOWS NO SIGNS OF ABATING

A HEDGE TO TRYING ECONOMIC TIMES , THE SEGMENTS OFFER HIGH YIELDS AND LOW OPERATIONAL COSTS .

Contributed by ZACH DEMUTH , GLOBAL HEAD OF HOTELS RESEARCH , JLL HOTELS & HOSPITALITY GROUP

U . S .

select-service and extended-stay hotel investment volume soared 5.5 percent in 2022 over the previous year ’ s record performance and is poised to grow even further in 2023 , according to JLL Research . Liquidity approached $ 20.5 billion , accounting for more than half of total U . S . hotel investment volume and an increase of 210 basis points , the highest portion in U . S . history .

68 hotelsmag . com Mar / Apr 2023